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Rhumbix - About the company

Rhumbix is a series B company based in San Francisco (United States), founded in 2014 by Drew Dewalt and Zachary Scheel. It operates as an AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Rhumbix has raised $53M in funding from investors like Blackhorn Ventures, Tenfore Holdings and Greylock Partners. The company has 103 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like Buildforce, Workyard and Jizaie.

Company Details

AI-powered SaaS-driven timekeeping and safety management software for construction professionals. Features include time tracking, material tracking, timekeeping, payroll tracking, production tracking, reporting tools, workflow and CRM management, document and HR system management, accounting management, analytics, and more.
Social
X
Registered Address
San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$53M in 7 rounds
Latest Funding Round
Ranked
Employee Count
24 as on Oct 31, 2026
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Rhumbix's funding and investors

Rhumbix has raised a total funding of $53M over 7 rounds. Its first funding round was on Sep 03, 2015. Its latest funding round was a Series B round on Oct 11, 2022 for $*****. 1 investor participated in its latest round. Rhumbix has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Rhumbix:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 11, 2022
9660865
Series B
6368216
7173103
9488670
9073718
May 13, 2021
2999348
Series B
4691524
1424334
6444071
Jun 20, 2019
7879530
Series B
8546557
2058664
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Rhumbix's founders and board of directors

Founder? Claim Profile
The founders of Rhumbix are Drew Dewalt and Zachary Scheel. Zachary Scheel is the CEO of Rhumbix.
Here are the details of Rhumbix's key team members:

Rhumbix's Board of Directors

Rhumbix's board has 9 active members. Bill Smith, Trevor Zimmerman, Scott Lynn, Daniel Levine, Drew Dewalt, Zachary Scheel, Lyon Wong, Jerry Chen and Chuck Holloway are independent board members.
Here is the list of Rhumbix's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 5m
kj{q{nc
Independent board member
-
Current
5y 8m
rrhoinh
Independent board member
-
Current
6y 8m
fiepqyu
Independent board member
-
Current
8y 3m
rwrinui
Independent board member
-
Current
9y 9m
jfi{kjj
Independent board member
-
Current
2y 2m
bmfqodd
Independent board member
-
Current
7y 8m
{{quzzh
Independent board member
-
Current
2y 1m
dckoqgq
Independent board member
-
Current
4y 6m

Rhumbix's employee count trend

Rhumbix has 24 employees as of Oct 26. Here is Rhumbix's employee count trend over the years:
Employee count trend for Rhumbix
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Rhumbix's Competitors and alternates

Top competitors of Rhumbix include Buildforce, Workyard and Jizaie. Here is the list of Top 10 competitors of Rhumbix, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Buildforce
Buildforce
2019, Houston (United States), Series A
Provider of staffing and workforce management tools for electrical contractors
$30.2M
66/100
2nd
Logo for Rhumbix
Rhumbix
2014, San Francisco (United States), Series B
AI-powered SaaS-driven timekeeping and safety management software for construction professionals
$53M
53/100
3rd
Logo for Workyard
Workyard
2015, San Mateo (United States), Series A
Online marketplace to hire construction professionals
$10.7M
52/100
4th
Logo for Jizaie
Jizaie
2022, Chiyoda City (Japan), Series A
Platform offering remote work support
$6.55M
51/100
5th
Logo for Busybusy
Busybusy
2010, Saint George (United States), Acquired
web-based time tracking application for SMB construction contractors
$8.5M
48/100
6th
Logo for myComply
myComply
2015, Saskatoon (Canada), Seed
Provider of construction workforce management software and hardware
$3M
47/100
7th
Logo for Hammr
Hammr
2008, San Francisco (United States), Seed
Online marketplace for hiring construction professionals
$525K
46/100
8th
Logo for ConstructionClock
ConstructionClock
2022, Gatineau (Canada), Seed
Automated time-tracking app for construction teams
$1.45M
44/100
9th
Logo for Riskcast
Riskcast
2017, New York City (United States), Seed
Time and productivity management solution
$720K
43/100
10th
Logo for Ipsum
Ipsum
2014, Santiago (Chile), Seed
Planning and task management through agile methodologies in construction
$1M
42/100
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Rhumbix's Investments and acquisitions

Rhumbix has made no investments or acquisitions yet.

Reports related to Rhumbix

Here is the latest report on Rhumbix's sector:

News related to Rhumbix

lockFilter this list
•
•
•
Haskell’s Dysruptek Makes Strategic Funding in Rhumbixhttp://investidollar.com•Oct 11, 2022•Haskell, Dysruptek, Rhumbix
•
•
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Rhumbix Announces New Android ApplicationRhumbix•Apr 29, 2020•Rhumbix
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Rhumbix Closes $14.3M Series B FundingFinSMEs•Jun 20, 2019•Rhumbix
•
Rhumbix Announces Autodesk BIM 360 IntegrationGlobeNewswire•May 15, 2019•Rhumbix
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